Trump unveils $200 billion South Korean investment in US; Seoul hedges on Alaska pipeline

President Donald Trump announced South Korea would invest up to $200 billion in US projects, framing it as the first set of major initiatives under a broader $350 billion strategic package agreed last year. Trump said the plan would include eight large-scale nuclear power plants, a natural gas pipeline, and a 6-gigawatt power-generation facility in Texas. Seoul, however, moved quickly to temper one headline component: a $54 billion LNG pipeline project in Alaska, saying it will only proceed after commercial and legal conditions are met. South Korea will begin reviewing Alaska’s LNG project’s viability and compliance.